3. Signzy, which provides digital onboarding solution for financial institutions, has secured Rs 24 crore from a clutch of investors led by Stellaris Venture Partners and Kalaari Capital to fuel its expansion plans.

4. Xiaomi has opened more than 500 Mi Stores across villages in India by October 29.

3. Ashish Choudhary, EVP and chief business officer of Nokia Networks, may join Apple as its India head.

4. French car ride-sharing app Blablacar had offered to buy Ouibus, a bus operator owned by state rail firm SNCF, and also raised $114 million in funding from investors including SNCF, which will become a shareholder.

5. Alternative financing firm Anicut Capital is looking to raise Rs 1,000 crore for its second and largest fund yet.

6. German business software company SAP has agreed to buy Qualtrics International for $8 billion in cash just before IPO.

7. Tiger Global Management has made its first investment of $3 million in CheckMate.

9. Kolkata-based Monest, a real estate platform that helps consumers search for property agents, share their requirements, and rate them, is in talks to raise Series A round of funding from wealthy individuals and developers, reports VCCircle.

It is estimated that in 2018 India would have received US $80 billion in remittance from overseas Indians. Currency exchange rates for US dollar to Indian rupee were all time high in 2018.. Read article

6. Digital gaming startup Mobile Premier League (MPL) recently closed a $5-million Series A round of funding from angel investors.

7. Singapore-based boutique venture fund RB Investments has invested a little over $1 million for a 28 per cent stake in Jaipur-based meat retail chain operator A&R Bon Vivants which runs a chain of stores under the brand name Let’s Meat.

8. US-based business and financial software company Intuit is looking to tap the growing startup community in India, to expand their business along with the mid-market.

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1. Social commerce platform Meesho has raised $50 million in a Series C funding round from Shunwei Capital, DST Partners, RPS Ventures, Sequoia India, SAIF Partners & Venture Highway, for a valuation between $200 million and $250 million.

2. Mumbai based newly licenced bank Fino Payments Bank has been slapped a fine of Rs 1 crore by RBI.

3. Dialysis and kidney care provider NephroPlus has acquired the Rs 50-crore Indian operations of the world’s second largest kidney care provider and US-listed Fortune500 firm DaVita for an undisclosed amount.

4. Engineering solutions provider QuEST Global will be looking at hiring upto 3000 people in India for its digital business over the next two years.

5. Freecharge co-founder Kunal Shah announced his new venture Cred— “a platform to celebrate and reward the most creditworthy people of India.”

6. Walmart invests $37 Mn In Indian Unit to expand its presence in the country.

7. Cross-border venture capital (VC) firm Transit Capital is in talks to raise its debut fund and is targeting a corpus of $50-60 million, reports DealStreetAsia.